News

There are percolating allegations that Apollo Currency is a “pump and dump.” Others claim that one of the project’s co-founders—Stephen McCullah—is a “scam artist,” and that APL is a “massive scam” that is making him “rich.” CryptoSlate explores these allegations and finds evidence of misinformation, claims of sabotage, and a bizarre expedition into the heart […]

South Africa’s reserve bank released a consultation paper that includes favorable recommendations and guidelines for the crypto asset industry in the country. However, the agency is not looking to treat Bitcoin and other digital currencies as ‘currency.’ On Jan. 16th, The South African Reserve Bank (SARB) released “Consultation Paper on Policy Proposals for Crypto Assets,” which […]

Within the last 48 hours, news (re)surfaced suggesting that know-your-customer (KYC) information from some of the largest cryptocurrency exchanges was made available for sale. Yet, there is evidence that this is likely recycled news from over six months ago. On darknet market Dread, a vendor going by ExploitDOT was reported to have been selling KYC […]

The popular gamified microtask platform, StormX, has launched their long-awaited iOS app. To celebrate the milestone, Storm Play account holders have the opportunity to win prizes worth $10,000 in BTC, STORM, BNB, or ETH via the company’s Twitter competition. Cryptocurrency Freelancing Storm Play leverages blockchain to “empower the global workforce.” Storm Play lets users earn […]

If organizations could only augment blockchain’s strengths—its immutability, security, and decentralization—while addressing its latency and scalability issues, it could become the vaunted enterprise tool it was initially intended. That day will soon come courtesy of Directed Acyclic Graphs (DAGs). Blockchain’s premise is straightforward, utilitarian, and more lucrative than that of any other new technology to […]

As regulators are now seemingly dividing the markets geographically, are they perhaps even disturbing a possible level playing field of the markets? It, therefore, warrants a closer look at regulators, and—perhaps more importantly—ascertain what sets them apart. The past few months we have seen regulators taking positions when it came to cryptocurrencies, ICOs, and the […]

ICON recently announced its major decentralization initiative. The plan will elect twenty-two node operators that will produce blocks, verify transactions, and participate in consensus. History of ICON ICON aims to design an “interconnecting blockchain network.” ICON (ICX) is engineering a solution to connect independent blockchains without the use of third-party intermediaries. This is done by […]

In the same way all economic movements have done throughout history, blockchain finance challenges our traditional conceptions of ‘value,’ and, in turn, our ideas about identity and freedom. The new digital economy is now being built by a worldwide community who share common goals of decentralization, transparency, and financial inclusion. My first real job was […]

There are tradeoffs between centralization and convenience in cryptocurrency trading. BitGo has partnered with Genesis Global Trading Inc. to introduce a new method for exchanging funds offline that could offer greater flexibility and security, but it may come at the cost of custody. In partnership with @GenesisTrading, "BitGo Inc.’s customers will be able to buy […]

Hyperinflation in Venezuela is estimated to have reached a boggling 1.3 million percent in 2018. To reconcile runaway prices, the wealthy and the technologically savvy have turned to the stock market and cryptocurrency. Venezuela’s Deteriorating Economy Turns People to Cryptocurrencies Fueled by rich oil reserves, the country was once one of the fastest growing in […]